ADN 0.00% 0.7¢ andromeda metals limited

Ann: Exchange SA Conference Presentation, page-120

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  1. 6,892 Posts.
    lightbulb Created with Sketch. 2861
    Something that's snuck under everyone's radar, that I think could be big is this line...

    Halloysite Exploration – in progress

    This is news to me.
    (I haven't confirmed anything with mgmt. so I don't know.)
    -Is this on ADN current tenements?
    -Or exploration outside of current land holdings?
    (Has James heard of/ or investagting other possible Halloysite areas?)

    -Or outside of SA or even Australia?

    I know that the ADN board doesn't want other companies stealing the Halloysite thurder.
    They want to secure "HIGH GRADE" Halloysite supply and control the world-wide market.
    The others can have the low grade stuff and even large Kaolin deposits which seem to be everywhere around the world.

    From want I've learned...
    Halloysite isn't something where you try and save $ by buying 2nd grade/low grade Halloysite.
    It appears that the end product value is a lot more valuable and it's easy to see if the supply is tops or lower grade.

    It would be pretty cool to see a NEW Halloysite deposit that's 100% own and basiclly pegged for free.

    IMO
    DYOR!!
    Last edited by billyen: 29/09/19
 
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